Good evening,

It has been exactly one week since GoZero Group, the largest electric bus supplier to the NSW government, said it was making arrangements to hit the Nasdaq and rearranging its debt with the help of The Carlyle Group.

So much for that. The $200 million-plus debt facility is all but dead, according to multiple sources, after The Carlyle Group’s local partner amicaa decided to pull its funding proposal.

While GoZero told this column they’re in talks with other providers – and that amicaa was still on the hook, without that money, which was to replace senior debt put up by Tanarra Restructuring Partners and Tor Investment Management, its plans to hit public markets look under pressure.

Amicaa did not respond to requests for comment.

Read the full story tomorrow and more on the Street Talk page.

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Click here for the latest equity market wrap.